Search
-
MTFS outlines ambitious economic and fiscal road for next four years
EconomyProgrammeorganisations. Growth will pick up to 2.4 percent in 2019 and remain above 2 percent before dropping to 1.8... was projected to accelerate with GDP up by 2.6 percent in 2019 but slowing thereafter to 2.3 percent... of 0.4 percent this year. Interest payments will start picking up from 2018, at 6.21 billion euros
3% -
Travel balance down by 29 pct in April as receipts slump
EconomyMacroeconomy. Receipts came to 489.9 million euros for the month, edging up by 1 percent to 489.9 million. Travel... to over 140,800. Those from France fell by 32.4 percent to 61,200 while UK visitors edged up by 0.9... that tourist numbers could reach up to 30 million, but warns that this might be the last year
3% -
The tie that binds
Agorasituation in any way. The event’s focus was an attempt to convince the public that SYRIZA had lived up..., is still fragile, the unemployment rate is still above 20 percent even though hirings have picked up, unpaid taxes continue to pile up and have passed the 100-billion-euro mark, more than 20 percent
3% -
No bounce for Tsipras in poll as cracks appear in centre-left
PoliticsGreek Politicson Friday, Tsipras announced that he had agreed with Greece’s lenders for the discount of up to 30... to take back migrants who have been registered on the Eurodac system but who end up at the German border illegally. In return, Berlin agreed to speed up the process of family reunifications for relatives
3% -
BoG Monetary Policy Report positive on programme end but advises caution for future targets
EconomyBankingpercent. BoG anticipates Greek economic growth to pick up pace in the coming years, growing by 2 percent... and a marginal deficit of 0.1 percent of GDP in 2019. Prices will grow on average by 1 percent up to 2020... accelerate as banks have lined up various packages of loan sales. The deposit base is steadily
3% -
A moment to reflect, not celebrate
Agoramakers tried to come up with ways to address a crisis they were woefully unprepared for, while... came up with solutions that were sufficient to protect their own countries from the effects... appears a meagre fig leaf to cover up for the inadequacies of their decisions. Meanwhile, foreign
3% -
Central government debt rises to 345.38 billion in Q2
EconomyMacroeconomyin bonds, including both domestic and foreign-issued bonds. FSM loans continue to make up the lion’s... showed that T-bills made up 60.2 percent of all government borrowing, followed by ESM loans (27.5 percent... maturity showed that long-term (over 5 years) debt made up 76 percent of the total, while short-term
3% -
SYRIZA readies itself for election battle, Mitsotakis pledges pension overhaul
PoliticsGreek PoliticsKyriakos Mitsotakis has been fleshing out his policies as Greece’s parties gear up for what... for the prime minister to freshen up his ministerial line-up and prepare his team for the long election... that have been lined up for next year after being demanded by the lenders. Several government officials
3% -
Tsipras pledges array of tax cuts, hopes for break on pensions
PoliticsGreek Politicsincrease to the minimum wage. Most of these measures had been leaked to the media in the build-up... weeks. Reforms Tsipras talked up the economic recovery, underlining six consecutive quarters of growth... reductions of up to 50 percent. The reduction to the tax will happen in two stages. The first
3% -
Greek leaders' contrasting visions all a blur
Agorathe government cozied up with big business and the media, allowing its friends to benefit from an artificial... rate of income tax for those with annual incomes up to 10,000 euros from 22 percent to 9 percent... responsibilities would diminish) and provide an immediate pick-me-up for the economy. There are doubts
3%